Alleima AB (Alleima AB) Receivables Turnover : 1.36 (As of Mar. 2024)

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What is Alleima AB Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Alleima AB's Revenue for the three months ended in Mar. 2024 was $455 Mil. Alleima AB's average Accounts Receivable for the three months ended in Mar. 2024 was $334 Mil. Hence, Alleima AB's Receivables Turnover for the three months ended in Mar. 2024 was 1.36.

Alleima AB Receivables Turnover Historical Data

The historical data trend for Alleima AB's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Alleima AB Receivables Turnover Chart

Alleima AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

6.43

6.94

6.09

6.27

7.01

Alleima AB Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial									1.47	1.28	1.24	1.57	1.36

Competitive Comparison of Alleima AB's Receivables Turnover

For the Steel subindustry, Alleima AB's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Alleima AB's Receivables Turnover Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Alleima AB's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Alleima AB's Receivables Turnover falls into.

Alleima AB Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Alleima AB's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	2014.994	/ (	(287.146	+	287.787)	/	2 )
=	2014.994	/	287.4665
=	7.01

Alleima AB's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	455.275	/ (	(287.787	+	380.644)	/	2 )
=	455.275	/	334.2155
=	1.36

Alleima AB (OTCPK:SAMHF) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Alleima AB Receivables Turnover Related Terms

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Alleima AB (Alleima AB) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

ALLEI:Sweden M46:Germany

Address

Storgatan 2, Sandviken, SWE, SE-811 81

Website

https://www.alleima.com

Alleima AB is a developer, manufacturer, and supplier of high-value-added products in advanced stainless steels and special alloys as well as products for industrial heating. The company's products are sold in approximately 90 countries across the globe. The company's offering includes products like seamless steel tubes for the energy, chemical, and aerospace industries, precision strip steel for white goods compressors, air conditioners and knife applications, based on more than 900 active alloy recipes.

Alleima AB (Alleima AB) Headlines

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